The 14-day BoBC yield fell to 4.08 from 4.59 percent for paper maturing on May 22, 2013 while that for 91-day maturing on August 7, 2013 fell to 4.82 from 5.36 percent. The results of the auction held on May 7 are summarised below.
DATE: May 7, 2013
| Issue | BoBC220513 | BoBC 070813 |
| Total Subscribed (P million) | 1 168.199 | 2 515.170 |
| Total Allotment (P million) | 1 000.000 | 1 840.000 |
| Stop-Out Price (P) | 99.845 | 98.829 |
| Stop-Out Yield (percent) | 4.13 | 4.84 |
| Simple Rate (percent) | 4.05 | 4.75 |
| Weighted average yield of winning bids (percent) | 4.08 | 4.82 |
| Simple rate for weighted average winning bids (percent) | 4.00 | 4.74 |
| Weighted average price of winning bids (P) | 99.847 | 98.833 |
| Minimum winning bid yield (percent) | 4.07 | 4.41 |
| Maximum bid yield (percent) | 4.26 | 5.17 |
| Days to Maturity | 14 | 91 |
Note:
BoBC 220513 - Bids above P99.845 received full allotment while bids at P99.845 received 7.68 percent of the amount applied for.
BoBC 070813 - Bids above P98.829 received full allotment while bids at P98.829 received 40.20 percent of the amount applied for.